$678,800 - 1558 Lancaster Drive Unit 69, Oakville
Condo for Sale in Oakville
Popular ListingNeighbourhood: 1005 - FA Falgarwood
- MLS Number
- W13662928
- Property Type
- Condo
- Status
- active
- Days on Site
- 12
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Oakville
- Locker
- None
- Exposure
- North East
- Balcony
- None
- Listing Brokerage
- SUTTON GROUP QUANTUM REALTY INC.
Dont miss the opportunity for home ownership in this family friendly Falgarwood Neighbourhood. This spacious 3-bedroom, 2-bathroom condo townhouse features a walkout to a wooded private patio and is situated in the convenient Sheridan Heights complex. This entire home has been freshly painted, and features an open living and dining room, updated kitchen with stainless appliances, hardwood floors, large windows, and patio door access to the private wooded yard. Featuring a large front entryway, inside access from the garage, a wide stairwell with high ceilings, wide hallways and large closets, these townhomes have withstood the test of time with the feeling of spaciousness at a reasonable price in Oakville. Upstairs you will find a large Primary bedroom with an open closet, as well as 2 additional bedrooms, each featuring laminate flooring for easy maintenance. An updated 4 piece washroom completes the second level. The finished basement is a flex space, with a finished recreation room, a 3-piece bathroom which includes a stand up shower ideal or pets or overnight guests. Ideal for first time buyers or downsizers. Become a part of this this wonderful Oakville family neighborhood, walking distance to both Sheridan and Holy Family Elementary Shjools, rich with parks, ravines, and scenic walking trails. Situated just minutes from the Oakville GO Station, with excellent shopping and dining just steps away, this home offers the ultimate low-maintenance lifestyle in a nature-rich Falgarwood neighborhood. With excellent schools and a Northeast Oakville location with easy access to highways, this is an affordable option with big returns in quality of life. Move in ready and can be yours before for the start of the school year.
Estimate your monthly payments for this property
Estimated Payment
$3,482.60/mo
Includes CMHC insurance ($18,939)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover 1005 - FA Falgarwood
1005 - FA Falgarwood is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in 1005 - FA Falgarwood
- •Convenient location in Oakville
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
1005 - FA Falgarwood offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
1558 Lancaster Drive Unit 69, Oakville
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $679/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Oakville Premium
Oakville commands premium prices for good reasons: top-rated schools, waterfront access, charming downtown, and affluent community. Homes here hold value exceptionally well during market corrections. The trade-off is higher property taxes and home prices. If schools and lifestyle are priorities, Oakville delivers.
About 1005 - FA Falgarwood
I know 1005 - FA Falgarwood well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Investment Perspective
Looking at this as an investment: Oakville properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,828 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.